Finbee Verslui, a leading alternative lender in Lithuania, has recently secured a significant EUR 35 million investment from Pollen Street Capital. This infusion of capital aims to bolster Finbee Verslui’s business financing capabilities, particularly for small and medium-sized enterprises (SMEs). The project’s core objective is to offer quicker, more favorable loan terms, thereby addressing the critical funding needs of SMEs and supporting economic growth in Lithuania.
Our team played an instrumental role in facilitating this investment, providing comprehensive legal advisory services throughout the process. The team’s tasks were multifaceted and essential for the success of the transaction. Initially, they led extensive negotiations between Finbee Verslui and Pollen Street Capital to ensure that the terms and conditions of the investment were beneficial for all parties involved.
We also meticulously reviewed and drafted all necessary legal documentation to formalize the investment agreement governed by English law. This included ensuring that all documents were precise, clear, and compliant with relevant legal standards. The attention to detail was crucial in creating a solid contractual foundation for the investment.
Finally, the team oversaw the transaction’s closing, ensuring that all procedural requirements and conditions precedent were met and that the deal was finalized efficiently and without any complications.
The significance of this investment cannot be overstated. It enables Finbee Verslui to meet the growing demand for SME financing in Lithuania. With this funding, the company can offer quicker loan disbursements and larger loan amounts, thereby supporting the growth of SMEs, which constitute 84% of Lithuania’s legal entities. This not only aids in job creation and economic development but also attracts further foreign investment to the region.
The expertise and dedication of our team were crucial in navigating the complexities of the investment. Their strategic legal support ensured that all legal and regulatory requirements were met, facilitating a deal that promised substantial benefits for Lithuania’s business landscape. This project highlights the firm’s capability in handling high-stakes financial transactions and underscores its pivotal role in fostering economic development through strategic legal interventions.
